Collaborative data key to decarbonisation shift
Hydrocarbons sector is embracing digital technologies to stay financially competitive, but innovation will also ease the transition to low-carbon energy
Things are looking up for low-carbon energy. In the last year, China announced a 2060 deadline for carbon-neutrality, the EU Parliament backed a binding target of 2050 for the same landmark, and the US re-entered the Paris Agreement. Today, all eyes are on wind and solar to deliver the change that governments and industry globally recognise as essential. Of course, that change cannot happen overnight. If we want to maximise our progress we must manage not just what we are moving towards, but also what we are moving away from. As well as looking up at the blue skies of new energy we need to look down at the reality on the ground, at the oil and gas which still power the modern world, and thin
Also in this section
13 September 2024
The Ukraine–Russia gas transit and interconnection agreements are due to expire at the end of this year, but despite some uncertainty, Europe seems well-prepared
12 September 2024
The oil alliance must navigate the good, the bad and the ugly in its showdown with the market at the beginning of December
12 September 2024
The transition to oil evokes revolution and renaissance
11 September 2024
But the young nation may have to go through a fallow period before that project comes online as the Bayu-Undan field nears exhaustion